MALERFIRMA J. SKARDE AS

5463 USKEDALEN

Finances

Share Ownership

Return on Equity

24,58 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 840 000	1 322 000	993 000	917 000
Net Income	276 000	98 000	−68 000	50 000
Total Assets	1 558 000	1 130 000	1 303 000	1 154 000
Total Equity	1 123 000	847 000	999 000	1 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 840 000	1 322 000	993 000	917 000
Expenditure	1 488 000	1 189 000	1 070 000	855 000
Operating Profit	352 000	133 000	−78 000	61 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	1 000	9 000	11 000	0
Financial Balance	1 000	−7 000	−8 000	3 000
Earnings Before Tax	353 000	126 000	−87 000	64 000
Tax	78 000	28 000	−19 000	14 000
Net Income	276 000	98 000	−68 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 000	313 000	404 000	186 000
Total Current Assets	1 316 000	817 000	899 000	967 000
Total Assets	1 558 000	1 130 000	1 303 000	1 154 000
Total Retained Equity	823 000	547 000	699 000	766 000
Total Equity	1 123 000	847 000	999 000	1 066 000
Total Long-Term Debt	0	0	183 000	0
Total Current Debt	436 000	283 000	122 000	87 000
Total Equity and Debt	1 558 000	1 130 000	1 303 000	1 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 840 000	1 322 000	944 000	917 000
Other Income	0	0	49 000	0
Revenue	1 840 000	1 322 000	993 000	917 000
Cost of Goods Sold	486 000	253 000	226 000	144 000
Salary Costs	806 000	687 000	586 000	549 000
Depreciation	70 000	92 000	119 000	49 000
Impairment	0	0	0	0
Expenditure	1 488 000	1 189 000	1 070 000	855 000
Operating Profit	352 000	133 000	−78 000	61 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	1 000	9 000	11 000	0
Financial Balance	1 000	−7 000	−8 000	3 000
Dividends	0	250 000	0	0
Net Income	276 000	98 000	−68 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	14 000	15 000	15 000
Machinery and Plant Facilities	35 000	44 000	54 000	68 000
Fixtures	194 000	255 000	335 000	103 000
Total Tangible Assets	243 000	313 000	404 000	186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	243 000	313 000	404 000	186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	697 000	583 000	841 000	792 000
Total Current Assets	1 316 000	817 000	899 000	967 000
Total Assets	1 558 000	1 130 000	1 303 000	1 154 000
Total Equity	1 123 000	847 000	999 000	1 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	183 000	0
Creditors	23 000	45 000	16 000	6 000
Unpaid Taxes	232 000	83 000	79 000	26 000
Dividends	0	250 000	0	0
Other Current Debt	102 000	127 000	45 000	42 000
Total Current Debt	436 000	283 000	122 000	87 000
Total Equity and Debt	1 558 000	1 130 000	1 303 000	1 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,58 %	11,57 %	−6,81 %	4,69 %
Debt-to-Equity Ratio	0	0	0,18	0
Operating Profit Margin	19,13 %	10,06 %	−7,85 %	6,65 %
Current Ratio	3,02	2,89	7,37	11,11
Quick Ratio	3,02	2,89	7,37	11,11
Equity Ratio	0,72	0,75	0,77	0,92
Gross Profit Margin	73,59 %	80,86 %	77,24 %	84,3 %